Concern about a hard landing if Greece pulls out of the Euro Zone and then experiences economic collapse is causing the UK to consider measures to stem the tide of mass immigration as Greek citizens of the EU seek jobs. This concern for economic collapse includes other members of the PIIGS—Portugal, Italy, Ireland, Greece and Spain.
Spain's larges bank has ask for a 15 Billion Pound bailout. Fifteen Billion Pounds is north of $15 Billion.
Regards — Cliff
1 comment:
Spain bailout is probably in Euros - 15B Euros is just short of $20B.
Post a Comment